5 Reasons to Seek Geographic Diversity in a Venture Portfolio
Summary
Here’s why AVG has five regional offices and a national deal hunter network to cast a wider net.And five states that ranked at the top of the 2015 startup activity were Montana, Wyoming, North Dakota, Colorado, and Vermont.Powered scooters and whiskey distilleries are two such sectors we invested in where the regulatory environment is variable, depending on the locale.As a consumer-focused problem is being addressed by multiple startups (e.g. bike or scooter sharing), most begin by serving their home market.In April, AVG was able to invest in an early growth round for an Austin-based company named Tethr, which has developed a communications intelligence platform designed to surface insights from large volumes of customer phone conversations, in order to influence business decisions.